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Loading ...Groupe Renault (French: [É¡Êup Êəˈno]) is a French multinationalautomobile manufacturer established in 1899. The company produces a range of cars and vans, and in the past has manufactured trucks, tractors, tanks, buses/coaches and autorail vehicles.
According to the Organisation Internationale des Constructeurs d'Automobiles, in 2013 Renault was the eleventh biggest automaker in the world by production volume,[10] with 50.5% of sales coming outside of Europe.[11] The Renault–Nissan Alliance is the fourth-largest automotive group.[12]
Headquartered in Boulogne-Billancourt, the Renault group is made up of the namesake Renault marque and subsidiaries, Automobile Daciafrom Romania, and Renault Samsung Motors from South Korea.[13]Renault has a 43.4% controlling stake in Nissan of Japan,[14] a 37% indirectly-owned stake in AvtoVAZ of Russia,[15] and a 1.55% stake inDaimler AG of Germany (since 2012, Renault manufactures engines for the Daimler's Mercedes A Class and B Class cars[16]). Renault also owns subsidiaries RCI Banque (automotive financing), Renault Retail Group (automotive distribution) and Motrio (automotive parts). Renault has various joint ventures, including Oyak-Renault (Turkey), Renault Pars (Iran). Carlos Ghosn is the current chairman and CEO. The French government owns a 19.73% share of Renault as of April 2015.
